Insolvency & Restructuring Services
Our insolvency and restructuring lawyers are focused on helping you resolve your issues and getting you the best outcome. Whether you need a quick piece of advice or are involved in complex litigation or restructuring, we will be on hand to help and guide you every step of the way.
Our insolvency solicitors regularly advise businesses, individuals and insolvency professionals across the full range of bankruptcy, corporate insolvency and business restructuring matters.
Over the years, we have earned a reputation for our leading expertise and experience, as well as our friendly, collegiate approach to working with clients. We have the range of experience and flexible mindset to help find workable solutions for even the most challenging scenarios, with tough litigation skills we can bring to bear when the need arises.
We know how serious and stressful insolvency situations can be, so we are here whenever you need us to step in with advice you can trust and a team who can get the job done.
Insolvency solicitors with a market-leading reputation
Independently recognised expertise
All of our insolvency and restructuring solicitors are considered experts in their fields and are consistently recognised in both Chambers & Partners and the Legal 500. We have built up many years of experience advising a wide range of clients in relation to all forms of insolvency and restructuring procedures and related disputes.
Wide-ranging insolvency experience
Whilst all situations are different, it is likely that we will have dealt with a similar situation to the one that you are currently facing. We will use that experience to ensure that we are always on the front foot, championing your cause.
Plain-speaking advice and a transparent service
We get that working with professional advisers can be stressful and confusing. We believe that we are different; we are always transparent on costs and timings, we are down to earth, we speak plain English and we will work with you to obtain the outcome that you and/or your business are looking for.
Additional business legal services to meet all of your needs
The firm now has a separate business arm, Isadores, which is a modern commercial practice servicing a diverse range of business sectors. Isadore Goldman works very closely with Isadores when insolvency matters require complex property or corporate transactions.
Our insolvency and restructuring services
When a business runs into financial difficulties, it is common to feel trapped and alone. However, there are always options, so it is important to seek expert help as soon as possible.
In many cases, struggling businesses can be saved with the right intervention and a realistic plan, but even where a business has reached the end of its life, it is still important to make the right choices and do the right things to achieve the best exit that protects your interests, your creditors and any employees.
With decades of combined experience helping struggling businesses, our team can give you an honest assessment of your situation and realistic options for moving forward. We can then provide all the support your business needs for recovery or a managed exit.
Our corporate insolvency solicitors are experts in matters including:
- Company voluntary arrangement
- Individual voluntary arrangement
- Partnership voluntary arrangement
Individual insolvency and bankruptcy
The pressure of dealing with financial difficulties can quickly eat away at you, sapping your will to take action, especially if you have no idea what you might be able to do to make things better. This is why it is so important to seek help early. You are not alone and there are always options to start getting your finances under control.
By providing friendly, non-judgemental support and seasoned expertise, our team can help you get to grips with your situation and make sure you are fully aware of all of the different things you can do to sort out your finances and move on with your life.
Our individual insolvency and bankruptcy solicitors are experts in matters including:
- Financial pressure
- Individual voluntary arrangement
- Debt relief orders
- Sole trader & partnership business
- Directors, shareholders & guarantors (personal guarantees)
Advice for spouses and partners of bankrupt individuals
When someone is declared bankrupt, it affects not only them, but their loved ones as well. If your spouse or partner is facing bankruptcy, it is important to understand the impact this is likely to have on you and the steps you need to take to protect your own finances.
Getting expert advice early can make all the difference. Whether you are planning to support your spouse/partner or have come to the conclusion that now is the time to end your relationship, we can help you to make the right choices for you and your family.
If you share a home, but it isn’t in your name, your still may have an interest that needs protecting.
Our team can provide expert advice on matters including:
- A bankrupt’s duties
- Alternatives to bankruptcy
- Partners or spouses
- Annulment applications
- Matrimonial home
Claims against directors
When a company goes out of business, it is not always the end of the difficulties faced by company directors. There are a range of claims directors can be subject to, so it is important to understand the risks and make sure you have the best possible defence if a claim is brought against you.
We regularly advise company directors and shareholders on what they need to do to avoid the risk of a future claim if their business is in difficulties. Where a claim has been brought, we can provide robust representation to give you the best chance of avoiding serious penalties and ongoing harm to your career and reputation.
We can advise company directors on matters including:
- Working with insolvency practitioners
- Office holder claims
- Guarantee claims
- Property issues
- HMRC claims
- Unlawful dividends
- Loan accounts
Insolvency services for lender and creditors
We have worked with lenders and creditors for many years. Our bespoke service can be tailored to your requirements, including the preparation and review of specific security and facility documents, asset/debt recovery and assisting with all aspects of dealing with insolvent debtors.
Our insolvency solicitors advise lenders and creditors on matters including:
Legal advice for insolvency practitioners
Insolvency Practitioners are key partners in the work we do, with our team having developed excellent relationships with many insolvency professionals over the years. This gives us a keen insight into the technical aspects of insolvency work, allowing us to offer expert support to Practitioners through every stage of the process.
We publish a regular bulletin on technical insolvency issues for our Insolvency Practitioners.
For more information on this and to get a free subscription, click here.
Insolvency and bankruptcy disputes and litigation
Disputes are often involved when a business is in difficulties or ceases trading. Careful handling is needed to avoid additional financial damage or harm to your reputation, so early legal advice is essential.
In many cases, our team are able to swiftly resolve disputes and potential disputes through methods such as negotiation, mediation and arbitration. However, we can also provide robust representation for court proceedings when required to protect your position and secure you the best available outcome.
Our team are experts in all manner of insolvency and bankruptcy disputes and other commercial litigation, including in relation to:
- Insolvency litigation
- Banking and finance
- Personal guarantees
- Fraud & asset recovery
- Shareholder & partnership disputes
- Professional negligence
- Trust and property
- Contractual disputes
Cross border and international insolvency services
Multi-jurisdictional insolvencies bring with them a range of additional challenges, so it is important to work with a team who have specific experience with these situations.
Our team have frequently acted for creditors, shareholders, lenders and Insolvency Practitioners in other jurisdictions dealing with UK based corporate insolvencies, restructuring issues and personal insolvency. We are also used to assisting UK based clients with insolvency issues involving other jurisdictions through our international network of insolvency specialists.
Director disqualification can feel like having salt rubbed in the wound after a business has gone under. It can impact your ability to move on and make a fresh start, seriously impacting your career and personal finances.
Whether you are concerned about the risk of disqualification, are facing disqualification proceedings or have been disqualified as a director already, there are steps you can take to manage the situation. Our team are experts in helping directors to avoid disqualification or to at least minimise the length of a disqualification where this is the best possible outcome.
Our insolvency solicitors can advise company directors facing disqualification on matters including:
- The investigation stage
- Disqualification undertakings
- Compensation orders
- Effect of disqualification
- Permission to act
- Contesting proceedings
Consult our insolvency and restructuring solicitors
For clear, practical advice on insolvency, bankruptcy and restructuring, please speak to our expert team today.